Pecohub Coursera and Udemy announced a landmark merger agreement valued at approximately $2.5 billion, bringing together two of the biggest names in online learning.
Coursera will acquire Udemy in an all-stock transaction, marking a pivotal moment in online education.
The companies said the merger will be finalized in the second half of next year, pending regulatory review and shareholder approval.
This agreement comes at a challenging time for both Udemy and Coursera, as each faces market headwinds. Despite both companies posting revenue growth in the third quarter of 2025, their share prices declined, underscoring investors’ lack of confidence in the platforms.
As a combined company, Udemy and Coursera aimed to reassure shareholders, suggesting that the combined strengths of both platforms could deliver both immediate returns as well as long-term growth potential.
“Through this combination with Coursera, we will create meaningful benefits for our learners, enterprise customers, and instructors, while delivering significant value to our shareholders, who will participate in the substantial upside potential of the combined company,” Udemy CEO Hugo Sarrazin said in a statement.
Additionally, as the online learning market continues to expand — particularly with the adoption of AI — Sarrazin said the merger will accelerate plans to introduce AI-powered products.
